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Foodgrain Output to Fall by 3.5% Due to Drought

-Outlook Country's foodgrain production is estimated to decline by 3.5 per cent to 250.14 million tonne in 2012-13 crop year as poor rains have hit rice and coarse cereal crops, but the government said the output will be enough to meet the demand. The foodgrain production was a record 259.32 million tonne in 2011-12 crop year (July-June). "We had produced about 260 million tonne foodgrains last year. This year, we have crossed 250...

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A committee to ‘administer’ a ‘market price’ for gas-Sunjoy Joshi

-The Hindu In his article in The Hindu (editorial page, “Making a mockery of domestic gas pricing,” January 18, 2013, Surya P. Sethi attacks the gas pricing formula proposed by the Rangarajan Committee, curiously enough, for being based on numbers from foreign markets that do not reflect the supply, demand or cost of production in India. I say “curiously” because on the exact opposite side, domestic producers are also pillorying the committee’s...

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Govt puts food security Bill on fast track to Parliament

-Live Mint The food security Bill could be taken up by Parliament in the first part of the budget session, which is set to start next month The politically sensitive food security Bill could be taken up by Parliament in the first part of the budget session, set to start next month, after the food ministry took a remarkably brief one week to consider and accept almost all the recommendations on the...

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The great number fetish-Sankaran Krishna

-The Hindu One of the most prominent features of India’s middle-class-driven public culture has been an obsession about our GDP growth rate, and a facile equation of that number with a sense of national achievement or impending arrival into affluence. In media headlines, political speeches, and everyday conversations, the GDP growth rate number — whether it is five per cent or eight per cent or whatever — has become a staple...

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On ‘mediacracy’ and intellectuals -Sashi Kumar

-Frontline While the broadcast media often arrogates to itself the right to speak in the name of the nation, catering to their “customers” in the process, intellectuals have a duty to question such practices and resist being co-opted by the channels. It may not be far-fetched to speak in terms of a new “mediacracy” riding the airwaves. The movers and shakers perched on the prime time news shows on television seem,...

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